Wall Street today: US stocks advance, Meta Platforms climbs 4.5%, Microsoft drops 4.7%
US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the ...
US stocks boosted at open by earnings and signs AI spending's intact. Nvidia dips, though.
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
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Cigna Q4 profit takes hit due to medical costs
Cigna pulled in $1.4 billion in profit in Q4, a decrease that company officials say is due to elevated medical costs.
Cigna quarterly profit hit by higher medical costs, shares tumble
Cigna forecast annual profit below Wall Street expectations on Thursday and missed estimates for the fourth quarter, as high-cost claims in employer-sponsored plans drove up expenses in its backup ...
Cigna Stock Dives After Earnings. Here’s What Went Wrong.
It happened again on Thursday morning, when Cigna Group reported quarterly earnings. The results missed estimates and management’s financial guidance for next year was lower than Wall Street expected.
A Closer Look at Cigna's Options Market Dynamics
Deep-pocketed investors have adopted a bullish approach towards Cigna CI, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this ...
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Cigna: US Patients’ Drug Expenses Won’t Exceed Employer Contributions
In the wake of federal pressure over its prescription costs, Cigna Group is looking to lower the out-of-pocket drug expenses that its patients face by matching the amount to employer contributions and ...
SNAPSHOT S&P 500, Nasdaq open higher as markets assess barrage of earnings
The S&P 500 and the Nasdaq opened higher on Thursday, driven by post-earnings gains in Meta and Tesla, while Microsoft's lackluster cloud forecast and downbeat results from Cigna tempered overall ...
Cigna Stock Dives On Q4 Earnings Miss: 'We Are Taking Corrective Actions To Address These Near-Term Pressures'
Cigna reported fourth-quarter revenue of $65.68 billion, beating analyst estimates of $63.36 billion, according to Benzinga Pro. The company reported fourth-quarter adjusted earnings of $6.64 per ...
Cigna Raises Quarterly Dividend by 7.9%, Boosts Buyback Program by $6 Billion
Cigna Group's board has raised the health insurer's quarterly dividend by 7.9%, to $1.51 from $1.40, and added $6 billion to the its share-repurchase plan. The new payout, equal to $6.04 a year, ...
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Cigna tumbles after medical costs hit quarterly profit
Cigna Group shares fell sharply after the health insurer reported fourth-quarter profit that was dragged down by medical costs, a trend that’s concerned investors in the sector for months.
Fierce Healthcare5h
Cigna posts Q4 earnings miss as medical costs remain elevated
Cigna said its medical loss ratio was 87.9% in Q4 2024, compared to 82.2% in the prior-year quarter. For the full-year 2024, MLR was 83.2%, which was still higher compared to the 81.3% its insurance ...